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So I'm liking this a lot as a quasi LUT, first step CC when shooting with a flat camera profile.

Of course the only thing is that none of the existing sensor profiles for the GH2 are usable...nor the 5D custom settings.
It's pretty obvious that their profiling of the GH2 led to a starting point that looks like a full minus green filter on every setting.
Ironically the GH3 shifts to red if anything, so using a GH2 profile is a pink delight.
The only thing that works as a starting point for the GH3 is the Generic sRGB profile (the Generic Standard 5D is very similar.)

That said, the Generic sRGB is a good working profile with the GH3 and depending on your choice it's a good start for a quick grade.
I find KD 5207 Vis3 and FY 8543 VD to be very complimentary to GH3 skin tones and general color, with the main difference being a more open gamma with 8543.
The FJ 100 stocks also look nice with the GH3.
So I've asked FilmConvert about a GH3 profile and specifically asked for one around a "true" flat profile with Contrast, Sharpening and ND at the minimums.

IMO, after testing Standard and Natural at both "0" and dialed down, the widest latitude and most natural colors are from Natural with something like a -4 to -5 setting for everything but Saturation.
If you are going to use FilmConvert then, so far at least, keeping the Saturation at 0 seems to work well.

Thanks for posting the neat comparisons, man. I downloaded the huge trial and tried some of your same settings and found the 5D Technicolor preset a little too dark. It really crushed the blacks quite a bit. The sRGB preset did seem to work better, although I also found the GH2 Smooth preset not too bad either.
I'm not sure this is worth the asking price yet as I've gotten good results just using Premiere's built in tools and some other film look presets. So, looking forward to seeing more stuff about it later on.

Thanks for posting the neat comparisons, man. I downloaded the huge trial and tried some of your same settings and found the 5D Technicolor preset a little too dark. It really crushed the blacks quite a bit. The sRGB preset did seem to work better, although I also found the GH2 Smooth preset not too bad either.
I'm not sure this is worth the asking price yet as I've gotten good results just using Premiere's built in tools and some other film look presets. So, looking forward to seeing more stuff about it later on.

Did you dial the effect back to under 80%? It does crush the blacks quite a bit which is a very common look in features these days. It's certainly not a look that's right for everything and I'm sure in time they'll put out some GH3 presets. The KD presets are a bit too crushed for my liking with that footage but I think the velvia setting looks great. If your monitor is not well calibrated it could look overly crushed like it does on my macbook pro. I've had some great results with footage from the 5D MKIII too.

Yeah, man, 80% on the 5D Technicolor. I also tested the GH2 Smooth preset at 100%. Here's some samples from a recent shoot with the GH3 + Voigtlander 25mm using Natural profile. Lemme know which one(s) you prefer as I could always use a 2nd set of eyes.

In a recent email exchange, someone from the company confirmed they are working on many new profiles, including the GH3. We should see more in the first half of 2013, with more film stocks also on the schedule.